 Yen and Swiss Franc are trading as the strongest ones for today as stock markets are weighed down by escalating US-China tensions. Though, negative sentiments in Europe was partly offset by much stronger than expected Eurozone and UK PMIs. Signs of a V recovery are there even though the development will depend very much on the second wave of coronavirus infections. Both Euro and Sterling are resilient today. On the other hand, Australian Dollar leads other commodity currencies as the worst performing ones. In other markets, Gold is on track to retest 1920 record high. WTI crude oil is struggling to get through 42 key resistance level. Weakness in European stocks is relatively limited. At the time of writing, FTSE is down -1.15%. DAX is down -1.53%. CAC is down -1.26%. German 10-year yield is up 0.028 at -0.451. Earlier in Asia, selloff mainly concentrated in Hong Kong and China while Japan was on holiday. Hong Kong HSI dropped -2.21%. China Shanghai SSE dropped -3.86%. Singapore Strait Times dropped -1.26%. | 
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